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ceiling extension. in other words no big deal. he's made a lot of demands here. i think the people in congress are willing to say we work together on a lot of things. let's work this out. and even maybe, if it ends up being a two-step process rather than all at once. >> and how does he save face if that happens? he doesn't want to say i lost public they got everything they wanted? >> we'll try to help him find a way to get off of the limb he's out on if that is what it takes. we've got to save money, not spending so much. extending the debt ceiling so our credit worthyness does not fall into question f you can't do it at once, then let's take it and bite-sized pieces where we can get the job done. this may take longer. >> thank you. >> thank you. >> and now the topic of the white house, what is going on behind the scenes there? is politics in the equation? sam, how is the white house doing in this? >> doing just slightly better than gone kon gres, not good at all. we know washington is broken for years, we're seeing duct tape and coat hangers holding it together are coming off, too
: that is not the problem. the problem is the mentality of people saying, monica, the government owes me. how big a problem do you think that is? >> entitlements are narcotics. this is why the left loves to expand the entitlement program in america and they instituted a massive new program called obama care which is essentially socialized medicine. once people get aticted to the narcotic of the entitlement, social security, medicare, medicaid, we have a whole array of entitlements, you get addicted to it, it is difficult to take it away. >> bill: what is the government's responsibility in bad economic times to feed people through food stamps. they have explode. >> we have 47 million americans now on food stamps which is a record breaking number that is heart breaking. >> bill: is that a nasca narco. >> we is so many drk including the food programs and benefits for the poor. >> bill: is that a narcotic? >> i will tell you why. it creates a culture and pattern of victimization. >> most people want to work and do not want a handout. most people want to compete and be in the game. they don't want to sit back a
finally came out publicly with a bipartisan, big, tough plan, a framework for how to deal with our very real challenge with our record deficits and debt. it's my hope that the senate will consider cut, cap and be balance, defeat it and then put a responsible plan on the floor, one that shares the sacrifice across all the areas of our budget and that puts forward the kind of framework that everyone can support. bill: okay. on the cut, cap and balance, so you agree with harry reid that this is a waste of time on a balanced budget. why would a balanced budget amendment when polls show 72% of those surveyed favor it, why would you be opposed to that, senator? >> i don't speak for leader reid, obviously, but what i think the leader was suggesting was that with ten days left until we default on america's mortgage, we should be focusing on things that have a very real chance of passage in both houses and that can avoid the catastrophic consequences of defaulting on america's debt. i think leader reid and many of us in the senate are concerned that if we simply keep ping-ponging back and forth
called worse. could we have a deal? welcome everyone, we're here on sunday because it could be a big day for our whole entire country. >> and the news is whether we've got a deal or not. shortly after ten o'clock last night. harry reid said you know, i was going to have everybody show up in the mid feel the night and take a vote at 1 a.m. and he received word from the white house that apparently, the white house and this really hacks him off, you know, because it kind of bypasses him, and former speaker pelosi, dealing directly with mitch mcconnell, joe biden 6789 it sounds like they've got a deal, and close to a deal and some of of the frame work as well to talk about it. yeah, it looks like it's been going back and forth and take a look, it looks like debt ceiling increase, 1.2 trillion to 2.4 last night last through the night and living in my office, as high as 2.8 trillion dollars in debt ceiling increases, spending cuts have to be about the same amount commensurate. >> dollar for dollar. >> at least if not more. >> and guys, there's a little bit of wrangling whether or not that bala
name kidnap her. that was a big fat lie. warm welcome for soldiers returning home from war. more than 50 national guard troops returned to cedar rapids, iowa, after spending a year in afghanistan. about 2800 men and women will return home to the area in the next few days. this is the largest deployment that the state has seen since world war ii. and those are your headlines. >> let's talk about what's going on. couple of days ago, we heard the president of the united states say don't call my bluff, eric cantor and i'll take my case directly to the american people. today, the president is going to take his case to the american people. he has a press conference this morning at 11:00 a.m. >> we'll see what he says again. there's no talks today, folks. they've been doing them every day this week. there was a rumor maybe they'd go to camp david this weekend but not sure if that's going to happen. no talks today. >> fascinating to see after an hour and 19 minutes yesterday that eric cantor did not say a word today, yesterday, and on thursday. now the president for the second time this week
this economy and yeah, there's a big issue coming up with regards to the debt ceiling. the president ought to be in washington meeting with republicans, meeting with democrats, he shouldn't leave that town until he has an understanding of what it's going to take to get this economy going again and deal with the fiscal crisis that the country faces. but he's here raising money for a campaign. doesn't even have a primary opponent. >> the president was also in pennsylvania, the white house, though, fires back at that particular metal works plant, the allentown metal works that had been struggling for years when the president visited in 2009. president obama saying while i'm working, there will be candidates parading around the country and doing what they do can which is trying to attack. he told supporters in other parts of pennsylvania while mitt romney was there in pennsylvania. >> mitt romney did not mention his rivals. he's clearly taken the stance that i'm the frontrunner, i'm not going to mention tim pawlenty or michelle bachmann. why's he in pennsylvania? not an early primary state, k
sign of relief? "fox & friends" starts right now. >>dave: good saturday, everyone, a big news saturday. we thought the heat would be the big story. but anything but. a very serious matter. good to have you here for alisyn. >> all hell breaking loose in many parts of the world including in norway. >> we have new information of the shooting in the shotting massacre and bombing that happened hours apart in norway. >> this as the death toll from the attacks has gone up to 91. and greg is leave in london. greg? >>greg: we have been tracking this story through the night and hour by hour it is worse and worse and the words, the gunman as he shot the victims "you all must die," describing the scene, the prime minister, he turned paradise into hell. and now the events of the shocking attack right now. police now say that 84 people were killed on the island 20 miles from the capital of norway, one of the worst mass shooting sprees in history. the gunman was dressed as a policeman calling teens to come closer and then tee towns the guns on him, machine guns, rifles and pistols and the kids ran, h
? >> well, i think he would like a big deal, a big agreement that would do two things. one was it would give the appearance, at least, of having made a major inroad. raising the debt ceiling and the leverage that provides to the republicans who only control one house of the congress further spending cuts. i think those are his two objectives. he wants the big deal because it would give him something to run on. he will could say look, we have taken major steps to improve our country's fiscal situation. and that will help the economy, he will argue. even if the economy hasn't done much between now and then. i think he wanted a deal. yeah. he wanted it on his terms he wanted a deal. >> here is why i disagree with you: last may, the senate voted on president obama's proposed budget cuts 400 billion over 10 years. that's 40 billion a year. 40 billion a year. that's nothing. that's lunch money for what the government spends. he didn't want any spending cuts. that was just three months ago. so how you can say now that he really wants some kind of meaningful deal? he didn't want it in may. why does
a lot. he want as big deal. will he and the president find a compromise? guess who is back? nancy pelosi, your favorite friend, the foam house speaker is back at the table and is in open the debt talks and wants to point the fingers at ... guess who? >> day one of 85 of the republican majority in the congress and we have not seen one jobs bill come to the floor. >>dave: day 185. we expect the republican congress to create jobs in less than a year yet the democrats had four years in control of congress and did what for jobs? >> and the day of fast tush around in the media and all at, quick response from romney about her comments. listen to this. uncertainty is probably the one thing, a heck of a problem. is my company going to be here? it is tough. things have to change. have to change. >>dave: that ad in response to comments early this week, from the senior advisor to president obama who said people will not vote based on the unemployment rate and jobs numbers but based on their situation. well, their situation is the unemployment rate. it is the jobs numbers. that is their reality. so,
a piece of legislation, so stay tuned. bill: we shall. it will be a big deal come next week. jason chaffetz, thank you, out of utah. martha: another day at the office, really. one group of workers, union workers, just sort of, you know, having a joke, a little smoke, booze, at the lunch hour. you know? the same kind of stuff we do around here, bill. one reporter got up close and personal. this is fascinating. bill: they don't have us on camera, though. martha: thank goodness! bill: team usa, world cup final, sunday at 2:00, what a day this was, abby wombach, she's like a superhero. martha: love her. bill: that header put her one up, team usa will play japan for all the marbles. martha: love it. bill: sunday afternoon. go usa! back in a moment. bill: some stories developing in "america's newsroom", there is new violence erupting in pakistan, gunmen in the streets of karachi, opening fire, leaving seven dead and more than two dozen injured. >>> dozens of suspects connected to the mexican mafia in custody after a huge gang raid in california. the mexican mafia, considered the oldest a
the moments. americans are outraged you have to big chunk of americans that still believe that she was guilty in this case and even though she was proven not guilty, many say that doesn't mean she was innocent. and protesters were out there, outside of the jail, waiting for casey to leave just outraged take a listen to what some people were saying. >> we're just out here, we don't care if it's raining, where the thunder is, we're out here. >> it's an important thing to boycott casey, that she gets no money, protest that this kill ser getting out. that she had such a jury trial that was as much a joke. six-year-old would have made a more conscientious decision. >> sheet's definitely guilty. >> and dave mentioned the facebook, there's the i hate casey anthony facebook page. 45,000 now. >> dave: it's up now 48,755 and i would imagine that list will continue to grow throughout the days and weeks ahead. >> clayton: another one, an f-casey anthony page. more than 775,000 individuals on that. so they were choosing between the two facebook pages the i hate casey anthony page and another one. >> ainsl
's casey anthony released shortly after midnight. last night -- night before last. the big question now is where did she go? >> right, where is she? >> where did she go? we know that after the courthouse right there, they went in a series of cars over to a parking garage where her attorney was. next thing you know, we don't know. >> possibly the old switch-a-roo there. >> she's facing the possibility of some lawsuits so she can't completely disappear so we may see her popping up again. right now, we don't know where she is and that's incredible really when you think about the amount of attention that this has gotten and that everyone knows what she looks like. >> it was amazing. had to go through some precautions. for a woman without a budget, it's amazing the amount of money we were spending on her, her safetyher future for now anyway or maybe somebody is keeping a tab because she probably will be coming into some money soon. they called up her parents and said do us a favor, show up at the hotel, excuse me, at the prison, and go -- and be a good decoy for the press who are going t
-rock and a hard place. the big economic news, the bad economic news i should say is also deadly, deadly for american liberalism. the facts say that massive government spending hasn't worked to stimulate the american economy and that the liberal vision of american economics has failed. most of president obama's economic advisors have left the building, they are gone and there are few replacements and no clear cut plan to improve the economy coming out of the white house. some liberal commentators are bordering on desperate because they know a tax increase will not be forthcoming. >> they are paying the lowest taxes in 50 years. more than 50 years. more than my lifetime and they are still complaining. some aren't. there are good business people who know this game of chicken in particular is deadly and wrong and hostage taking and you shouldn't negotiate with hostage takers. >> i agree it is terrorism. >> bill: republicans have been on a nonstop mission to murder the american dream by protecting only the rich. >> bill: a new poll today has the president's job approval rating at 47%. 52% di
to rein in big government spending and prevent tax increases. >> the majority of the house has to approve spending and that's tremendous leverage. we should use it. >> a political analyst says it has an impact on how far g.o.p. speaker john boehner can go in debt negotiation. >> the existence of the freshmen linked creditability to john boehner when he says there are not enough votes for tax increase. >> reporter: president obama is also feeling the pressure from the left flank saying that social security and medicare may need modification to sustain them for the future generation. >> if there is a reasonable deal to be had on it, one i'm willing to pursue. >> that got a strong pushback from nancy pelosi and other liberals. >> today, the democratic women of congress have come together to send a clear message. we must protect medicare and social security. we will not support cuts. >> reporter: if there are cuts to the program in a final deal, it will be a tough sell to the president with the liberal base, which sees itself as cardigan of the entitlement. molly henneberg, fox news. >> shann
together. because you know senior democratic officials say they think there is not really that big of a difference on some of the key elements here if you look at the reid and boehner plans spending cuts. not too far off. special committees of congress come back and take a second bite of the apple. more spending cuts. few tax changes down the road. third point is the most critical. here is what we are told president obama is working the phones on talking to members of both parties what kind of trigger or enforcement mechanism would you have if this special committee of congress comes back in a few months and doesn't do anything, just another washington commission that talks a lot and doesn't take any action? could you force sharp tax increases? could you force sharp entitlement cuts? have some enforcement mechanisms to show this group would finally have some teeth. not just some more washington blather. shep. >>. if you don't, you go to delay and maybe you pray. so i guess we are there. >> and divine intervention is what you they are looking for on the hill. can i tell you here ins
. there are a lot of breaking details regarding the dates and there could be a big face injected into it as well. we'll tell you about it shortly. big blowup in washington that everybody is talking about. >> clayton in for brian today. good to have you. headlines for you first. there are no leads this morning on who is responsible for a deadly triple bombing in mumbai, india that killed 17 people. the simultaneous bombings in three separate neighborhoods described as a coordinated terror attack. 131 other people are hurt. 23 critically. investigators believe it may be revenge for police pressure on home grown terrorists. this morning, four people are dead after a homicide bomber attacked a memorial service for the half brother of afghanistan president hamid karzai. 15 others were hurt in this attack on a kandahar mosque. wally karzai was assassinated on tuesday. he was shot at close range, apparently by a confidant. the taliban has claimed responsibility for his murder. thousands paid their respects for an 8-year-old boy murdered in his brooklyn, new york, neighborhood. he went missing monday on his
thought it was going to be resolved, the nfl labor situation hits snoer big snag. >> this is amazing, the owners say we've ratified a deal. let's play ball and open up the gates on saturday. the players say wait a second, we haven't read the whole thing. how dare you end the longest standout and lockout in this league without our permission? listen. >> we can all work quickly expeditiously and get this agreement done. it's time to get back to football. that's what everybody here wants to do. >> i've never seen anything like that. the players wanted more time to study the last minute changes. they have a lot more players than owners. now they feel a little stand-offish, the delay means camps won't open tomorrow, perhaps and the hall of fame game that is the official launch for the preseason which is the nfl season is canceled. and every week of preseason that is canceled, average loss of $200 million for players and owners. >> big deal. >> can't we all just get along? >> how can you end a fight without the other person's permission? how can you end a stand-off without the other per
's the big question, right? >> looking at the influence of the freshmen today, in general they believe and have very involved local voters to back them up that they were elected in 2010 with a mission to, reign in big government, specifically big government spending, and this debt ceiling debate fits right into that. here's more from one freshman tea partier. >> it would allow the debt ceiling to go up, but only if we had significant cuts, statutory caps and balanced budget amendment and there's a growing movement with that. we met with leadership, we met with majority leader eric cantor and were trying to impress upon them that we need to be for something as republicans, we need to define what we're for. >> senator paul says this is a fight, quote, too important to give up. jon. jon: what kind of influence do the new members have, though? >> well, republicans are in the minority and the senate, so less there, but in the house they're in the majority and tea partiers, or those who agree with the tea party on fiscal issues, among the 87 how freshmen have not been shy about staking their
is making mistakes. >> laura: the "the washington post" had a big front pager. apparently everybody from dianne feinstein, barbara were reportedly really upset and demanding answers from the top guy there jack lou on what this deal is w. boehner saying wait a second. >> you may be about to sell us out here. the democrats actually could, some are thinking, be the ones to scuttle any deal in the senate because of cuts, actually. >> bill: well, and this is the president's major mistake. he is not articulated to anybody what his vision is for getting out of this debt jam. let's be really simple because i'm a simple guy as you know, laura. first thing is under president obama we are now running up a debt at $4 billion a day. all right? nobody has ever come close in the history of this country to spending this much money $4 billion every single day is added to the debt. that's on the president's plate. he can make excuses for it he can do a little dance, but that is the fact, jack. so now the president has to say here's how i'm going it get the debt down, exactly he won't say it not only are r
with fake documents to get real passports and then come to the u.s. and a big part of the problem is that countries aren't sharing information with each other. part of this government accountability office report says "even when countries have terrorist screening information, they may not have reciprocal relationships to share such information or other traveler information such as passenger airline lists with other countries to limit the ability of preventing travel of known or suspected terrorists." even though a passport can't kill someone, it can help a bad guy get in position to do some serious damage. >> travel documents are the same as weapons to terrorists. they can't carry out their plots without them. with our partners, and again, some of that is out of our control. we're closer to a c. >> and this gao report deals heavily with the breakdown, basically in communication with other countries. here at home, though, we are not perfect because since november 2001, just a few weeks after 9/11, there have been 25,000 security breaches at u.s. airports. that's about seven a day a
amendment rights. >> a big part of it is how well you're doing it. i did a survey and i asked people who are voters whether they watch fox news or not and i found that 67% of republicans watch fox news several times a week or more. that you knew. but 54% of independents watched it several times a week or more. and 21% of democrats watched it several times a week or more. so there really is an effort here to try to demonize a source of information. and, you know, you guys don't make this stuff up. the stuff you're reporting is stuff that's happening. you know, pugh research did a study during the last campaign that as far as i'm concerned is definitive. they looked at the fox news stuff. not like we're doing now which is opinion. but the news part. the 6:00 and 7:00 news broadcast. and they did the number of seconds that were devoted to positive and negative coverage of each candidate. and the only network that came close to parody between positive and negative on obama and on mccain was fox news. the others were skewed four and five to 1 negative on mccain and positive on obama. >> spea
to explain why she was exonerated. listen to this. >> the big question was the prosecution did not answer is how caylee died and that was a big factor and i think in a lot of our decisions and it also showed that something with george anthony, casey's father, he was definitely hiding something for all the different times that he was, you know, on the stand. something that happened, he knew about it. and so we did really think she possibly -- we didn't know how she died. but it just comes down to it was probably an accident but the family did not know how to cope with it so instead tried to hide it. >> that was the thing, you know, the prosecution could not say how that baby died. and you got to wonder if moving forward in these kind of high profile cases, you have to have every stinking piece of evidence ever imaginable. do you -- what did we do before we had d.n.a.? did they ever prove any murder convictions? i don't know. >> process cushion said she was suffocated, 300 pieces of evidence but we have no conviction. joining us right now, andrea lyon, former co-leading defense attorney for
's a big chance the defense is taking to go after the father of the defendant. when have you ever seen that in in any trial in this country? and yet, baez diecided that he had to raise questions about george anthony so the jurors would go back to the deliberation room to say too many questions in this case to be certain enough to convict on first degree murder. somehow the duct tape got on caylee's mouth. baez is trying to plant the seed that maybe george anthony did it for some bizarre reason, who knows? but again, it isn't the defense burden to prove anything and if the jury has these free floating question marks, some anxieties about the burden of proof, that could be enough to get either not guilty or as was pointed out a couple of moments ago, a couple of hold up jurors who said i'm not going to convict casey anthony of first degree murder. there's not enough evidence to convince me beyond a reasonable doubt. >> great to see you this morning. thanks so much. happy fourth of july to you and to your viewers this morning, we want to let you know that at 8:30 eastern time, continuing
on and now the weather maps. big story the last couple of days has been a nonstory, tropical storm don became nothing, unfortunately. folks in texas hopes to get a big storm out of this and get some rain at least. the storm slowed up and they did not get the rain. across the eastern part of the country, across coastal areas, there was some rain but not too far inland but they will take anything they can get the entire state of texas is dealing with the worst drought they have ever had and now the radar, the eastern part of the country will deal with storms. it is hot. humid. we will see more storms this afternoon. texas unfortunately is not beginning to get much rain. in the northern plains, big storms, and some this afternoon, and they will be severe, keep that in mind, and across the west, we will continue to deal with storms cross the four corners. and now, everyone is excited about the state fair for the food and this year, those are doughnuts and a burger. and bacon. how is that for breakfast? take a bite. >> rick will be 20 pounds heavier by the end of the show. >> we will not be able t
, some real big news, actually, because speaker boehner, it seems, may have a plan that will come to fruition, before 4 p.m. this afternoon so that the asian markets aren't rattled and it will involve sort of a two pronged approach. >> yeah, but the most important part of the two step process clayton mentioned there's going to be a short-term extension involved and the democrats have objected to that, as you know, from the very beginning, the president, nancy pelosi, harry reid all three last night reiterating they will not support a short-term extension. so it appears we are playing with some serious fire on this sunday. >> what does john boehner do, comes up and hands over the paper work, they immediately say no. listen to this, thises what mitch mcconnell has to say about this. there is bipartisan agreement on the need to prevent fault and given the unprecedented size of the debt ceiling increase, the president is requesting, this is not an easy process. and the effort to prevent default while substantially reducing washington spending will continue. >> of course, all of the co
a big misunderstanding. the 18-year-old placed what was feared to be a bomb near the beam structure in chicago's millennium park. it wasn't a bomb. it was two bricks duct taped together with wires hanging out of it, a prop from a sci-fi costume he wore to a convention. he was charged with disorderly conduct. a scare for defense secretary leon panetta. three rockets slammed into baghdad's green zone on day two of his visit there. the secretary is fine and no one else was hurt. panetta flew to baghdad from afghan t afghanistan and he's meeting with leaders there and meeting with u.s. troops. early wake-up call on the shuttle atlantis. >> ♪ i get knocked down i get back up again i get knocked down i get back up again ♪ >> seems like i just heard it on the radio yesterday. waking up to the song and today they will be supplying a supply module on the outside of the international space station using a robotic arm and they'll prepare for a space walk tomorrow. meantime, nasa keeping a close eye on some space degree that could come dangerously close to the space station. the duke and d
to be factored in as one big lie, the judge disagreed, jon. >> and the state also wants money from casey anthony when this is all over, right? >> hundreds of hundreds of thousands of dollars is my estimate is what could be levied against casey anthony, not only the cost for the six-month investigation, the searching, the following up of leaders, the interviewing, the trying to track down all of these imaginary people, plus the prosecution which has been quite costly over the past 2 1/2 to three years as they had to pay for a lot of lab tests, a lot of investigators, so the judge is going to rule on that financial burden that casey anthony is likely to be levied in about 30 days from now, and for the moment, though, bottom line, casey anthony is heading back to the orange county jail. jon: a lot of people thought the saga could effectively end today. it goes on. phil keating, from orlando, thanks. alisyn: fox news is america's election headquarters, congresswoman michelle bachmann is stepping up her campaign for president, releasing a new television ad in iowa today, the minnesota congresswoman u
. alisyn: you talk about what the stock market is doing. yesterday it took a big hit closing down almost 200 points. it was the 4th straight day of losses. let's bring in stuart varney to help us understand this. will the market go down again, stu? >> in general terms nobody will be prepared to forecast where the stock market will go. it's like october of 2008 when there was a decision in the house, do we bail out wall street or don't we. there was a profound reaction on wall street when that vote came in. in general terms, here is what you can say. if we get a deal -- if a deal looks likely by this weekend, the stock market will probably go up. quite sharply. if we do not get a deal at all, nothing is on the table by that next week's deadline you can expect the stock market to go down quite sharply. those are generalized expectations for stocks, but i think they are realistic. here is the news of the day. as of this morning, a letter went out from the chief executives of all the big wall street firms. that letter went out to every member of congress. everybody on capitol hill. it was a
hikes as well. >> that's the big sacrifice? one of their big cuts is a trillion dollars out of the defense budget because they figured out that the iraq war is winding down so afghanistan is also winding down and that's the trillion dollars they thought they'd save but they don't list anything with the harry reid plan and not to look at entitlements, how could you possibly say we're taking a hard look and making tough decision abouts the future of our -- of the country economically and not look at entitlements when even the president of the united states has had a problem. let's look at john boehner. he says, all right, i'll raise the debt ceiling. this is what i mean by a two phased plan. just a trillion dollars and we'll have $1.2 trillion in cuts by the end of the year. the future cuts will be commissioned and sent up after they commission a bipartisan panel to decide, you know, republicans or democrats to decide which will be cut and what shouldn't. >> and apparently, it would be along the lines of the cut, cap and balance as you can see right there. here is something th
. >> it was a big vote in the house today, what's going to happen with your 401k on the outcome of that vote. >> we have to focus on gretchen's 401k. >> revealing all, gretchen? >> no. next on the rundown, who knew john mccain was a fan of "lord of the rings"? >> tea party hobbitts could return to mother earth. >> why he's turning on republicans, the tea party ones at least in the debt debate. >> and these two soldiers served together but did not come home together. now they are side by side at arlington national cemetery but their friendship lives on through an amazing story that both of their families are here to share and that's coming up. >> happy birthday, elizabeth berkeley! that actress turns 39 today. and i'll list her movies in the break. ♪ [ female announcer ] erybody loves that cushiony feeling. uh oh. i gotta go. [ female announcer ] and with charmin ultra soft, you can get that same cushiony feeling you love while still using less. charmin ultra ft has extra cushions that are soft and more absorbent. so you can use four times less versus the leading value brand. ah. [ femalennounce
money than you're taking in, you need to spend less of it. there's no symptom of big government more menacing than our debt. break its grip, and we begin to liberate our economy and our future. bill: we've been talking about this issue for months, and we are down to that critical time. good morning, everybody, i'm bill hemmer. and a big welcome to jamie colby. jamie: you think we'll make it before august 2nd? how you feeling? bill: we'll see. jamie: we'll know more after the next two hours. absolutely. great to have you all here. harry reid and speaker boehner both have their own plans, presenting their own debt deals last night. boehner's plan cuts $3 trillion over the next ten years raising the debt limit by more than $2.5 trillion, and guess what? no tax hikes. bill: reid's plan includes more than $2.5 trillion in cuts over ten years raising the debt limit by $2.4 trillion and, also, no tax hikes. or as they like to call them in washington these days, revenue. stuart varney of fox business, good morning, my friend. how you doing? you're a financial man, what was your takeaway from
was a big month for american auto makers. cite her says -- chrysler says sales was up 30%. general motors and ford report 10% increases. toyota and honda were off more than 21%. home construction fell 2.1% in may. overall, construction spending was down .6 of a percentage point. it could be four years before the construction returns to healthier levels. manufacturerring activity was up a bit in june after the worth month in two years in may. stocks ended the week on a high note. dow gained 168.5. s&p 500 up 19. nasdaq finished up 42.5. >>> governors in two midwestern states find themselves under fire tonight. one for not getting a budget deal done and another for the budget deal he did get done. correspondent mike tobin has that story from chicago. >> with protesters already outside his door, ohio republican governor john kasich dove deeper in controversy signing a budget that closes a $6- to $8 billion budget gap with deep and painful cuts. hardest hit are private nursing homes with a #% reduction in medicaid funding. the powerful ohio healthcare lobby responded with a dramatic add campa
. [ jack ] yeah, ts is pretty good. don't you have a big race today? don't worry, kevin, i've got it all covered. (cheering crowd) track announcer: and jamie mcmurray wins the brickyard 400. how'd we do? announcer: check out huge clearance savings at bass pro shops and our upcoming fall hunting classic. he was all like "oh no, i cannot do investing." next thing you know he's got a stunning portfolio. shhhh, you're welcome. [ male announcer ] e-trade. investing unleashed. >> all right. glad you're up. the debt ceiling deadline quickly approaching. we're less than one week away from possible default. so how will washington come together on a solution before tuesday's deadline? will they at all? former advisor to president bill clinton and author of "revolt" dick morris now joins us. dick, i know you have a lot to say about this and how this is all playing out. first off, as for the president, is this drama working for him? >> no. no, it's working against him. ultimately, whenever washington is a mess, it's the president that gets blamed for it. now, of course, republicans in congress get
the verdict is in eventually, of course that is the big question, how soon that is going to come, afterwards the jurors who do want to participate in a public press conference, they will, and here is the room, this is a live feed from the axillary room. this was the overflow room during the trial, because every seat was always taken up every day of the six-week trial. this is where people from the media would go in there and watch the direct feed from the courtroom. it's now been converted to the jury post verdict news conference room. you can see the 12 jurors will know their seats by the placard, and whether they all show up or just half of them do, we don't know yet. that will be up to them. but it certainly will be a riveting and intriguing post-verdict news conference to find out how this jury comes to the conclusion that they are right now trying to come to. jon: if they come to one, let's hope it's not a hung jury. you showed us that video a minute ago of casey in court this morning, very animated, chatting with her attorney, but she also, i know, had an interesting reaction during cl
they get a tax-exempt status? >>reporter: that is the big question is. any groups that a right, obviously, to form and criticize fox news. the question is, should that be a taxper, subsidized, tax-exempt deductibl activity. media matters is something called a 501 (c) 3 referring to the section of the code that covers it and deductions to media matters are people getting to take off their taxes as if they gave money to the red cross or salvation army. and media matters is increasingly political in recent years and the founder has formatted what is scale add super pac to raise large amounts of money to defeat republican candidates and there are reports that the white house is in the entirely happy with that because they felt he was more effective attacking fox news at media matters. the question is, should that be subsidized by the federal government. deep deep the deep pockets, obviously, george soros and tell us about his past for those that do not know. >>reporter: he is a billionaire, naturalized american citizen and has in the past been caught up in insider trading activity in jump, an
: the debt debacle the threat of a credit downgrade is very real. stock sell off is very big. speaker boehner says a dirty word trying to get republicans in line. tonight, the standoff in washington. plus, the moment of the norway explosion caught on tape the blast shook the store and sent people running into the streets. [sirens] of course now we know that was only the beginning. and before the day ended, dozens would be dead. tonight, remembering the victims. and is this man planning yet another attack from behind bars? smile for the cops. >> look in the camera and in a matter of seconds a true identity in all of the criminal record comes back. >> it really has been a game changer. >> shepard: tonight, how police are using facial recognition to confirm your i.d. but, first from fox this wednesday night, never in this nation's history have we faced anything quite like this. make no mistake the politicians have created this crisis that could sink our nation's credit rating. six days to go until the deadline to raise the debt ceiling, officials are warning they may not be able to pay all the c
of his life, he had moved -- hired a moving company called two men with big hearts moving and storage. but he fell behind in his bills to this company. this storage company because of medical bills that had piled up for him. >> so he just passed away and the family is trying to figure out what they're going to do at the funeral and what they would like to do is get a hold of some of his military stuff, including his two purple hearts but the problem is that particular company is owed by the family $600. the family went over and talked to them and they knocked it down to $500. but nonetheless, they would like to have the stuff for the funeral next tuesday but they got to come up with $500. here's the son of the veteran. >> he was a very patriotic person. >> dad wanted to go out in a blaze of glory. that was on the back of the fire truck. something we want to give for dad. that was one of his last requests. >> he had it for five years. it would be thousands of dollars. don kennedy owns the company so he's not going to release the stuff as of right now unless they pay the $500 which is
. up front tonight, they won the big one. >> geraldo: is defense council working really as legal aid attorneys for very little money pulled off the judicial coup of the 21st century. won an acquittal of casey anthony. you now have a situation where the biggest question among people that you know and in this community and across the country and the world is is casey anthony didn't kill this child horks did kil, who did k? >> i think it came out in the trial this was a horrible tragedy and accident that snowballed out of control. and it doesn't get any more clearer than that. the jury saw that and they are the ones that heard all of the evidence. not the propaganda and speculation and the franken stein like lynch mob that ensued throughout the last three years. but they heard the evidence, what our system is based on and, you know, this is a tragedy and nothing more. it is what it is. and, you know, we are happy for casey and we are happy that caylee's memory did not get diminished into this it circus. caylee's memberly came out and rose above the circus. and that is whattism' most tou
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